CFO Moves: AutoNation, ICA Gruppen, Apple

AutoNation Inc., an automobile retailer based in Fort Lauderdale, Fla., said interim Chief Financial Officer Cheryl Scully will now hold the position on a permanent basis. She has been interim CFO since her predecessor, Michael J. Short, resigned in January. Previously, Ms. Scully was AutoNation’s treasurer and vice president of investor relations. Mr. Short received compensation in 2012 valued at $3.1 million, according to its most recent proxy filing.

ICA Gruppen AB, a Sweden-based investor in retail companies, hired Sven Lindskog as its chief financial officer. The move came at the same time that Anders Svensson, chief executive of ICA Sweden, was named deputy CEO of ICA Gruppen. Mr. Lindskog was most recently CFO of Höganäs AB. He will take up his new position by Sept. 2014 at the latest.

Apple Inc., the technology giant based in Cupertino, Calif., promoted Luca Maestri to chief financial officer. He succeeds Peter Oppenheimer, who plans to leave the company in September. The transition between the two men will begin in June. Mr. Maestri was most recently controller and vice president of finance. Mr. Oppenheimer received compensation last year valued at $2.6 million, though he received $68.6 million the year prior, according to a proxy filing.

Deloitte's Financial Reporting Alert discusses certain key accounting and financial reporting considerations related to the current economic conditions in the eurozone and Puerto Rico, including a summary of financial reporting implications that would result from a country's decision to exit the eurozone and an outline of disclosures recommended by the SEC in 2012 about European sovereign debt.